We offer all clients tax planning reviews and try to ensure that our clients only pay as much as they are legally obliged to and no more.
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We have included some tax tips below which provide general guidance on various tax saving strategies.

• Deeds of Covenant
  Tax relief can be claimed on covenants made to permanently incapacitated individuals, however there is no relief from a parent to his/her incapacitated minor child. Tax relief can be claimed on covenants made to elderly individuals, aged 65 or over. Restricted to 5% of total income.
• Employing your spouse in the business
  Employing a spouse who does not already have an independent income, usually creates tax savings.
  
• Rent a room relief If you rent a room or rooms in your home to private tenants, the rental income you earn will be exempt from tax up to a limit of €14,000 per year.
  
• Selling additional homes
  If you are selling a second or third home, you maybe able to reduce the capital gains tax by putting a value on the fixtures and fittings, as these are regarded as wasting chatels and no capital gains tax is due on these assets.